August 10, 2010
United Insurance Holdings Corp., a property and casualty insurance holding company, today reported its financial results for the second quarter and for the six months ended June 30, 2010. For the second quarter, United returned to profitability from a loss …
August 9, 2010
The New Jersey Supreme Court says a liability waiver protects a gym from a lawsuit filed by a customer who was injured by a faulty bike. Gina Stelluti signed a liability waiver before joining Powerhouse Gym in Brick. The form …
August 6, 2010
New Jersey insurance regulators plan to eliminate a never-used legal entity designed to monitor and encourage auto insurers to write more business in higher-risk areas of the state. The plan, known as the Territorial Rating Equalization Exchange (TREE), was modeled …
August 4, 2010
Victor O. Schinnerer & Company, Inc. has made two enhancements to its construction management program to better meet the needs of policyholders. Effective immediately, there is no longer a residential cap in the Construction Management program. Schinnerer is now able …
August 3, 2010
A New Jersey insurance broker has pleaded guilty to stealing more than $300,000 in premium payments from his clients, according to the state’s attorney general. Under a plea agreement with prosecutors, the state will recommend a five-year prison sentence for …
August 3, 2010
After peaking in 2009, overall customer satisfaction with insurance companies has declined significantly in 2010, largely because of price, according to the J.D. Power and Associates “2010 U.S. National Auto Insurance Study.” Overall customer satisfaction averaged 777 on a 1,000-point …
August 2, 2010
More New Jersey motorists surveyed say they’re texting behind the wheel and speeding. But Garden State residents believe New York motorists are the worst drivers. Some 25 percent of New Jersey motorists surveyed in Fairleigh Dickinson University’s PublicMind Poll, released …
August 2, 2010
Thomas Allan has joined Boston-based Richards Robinson Sheppard Insurance as vice president. Allan specializes in construction accounts and has over 35 years of experience in the industry. Prior to joining Richards Robinson Sheppard Insurance, he served as producer and account …
August 2, 2010
Liberty Mutual Liberty Mutual Group has reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized business clients. The new distribution and service organization will …
August 2, 2010
$60 Million Reported price to be paid by Deutsche Bank for AIG’s building at 72 Wall St. to a consortium of owners, including a South Korean investment banking firm that purchased the building last year. The building comprises one of …